YANGON BUS PUBLIC COMPANY LIMITED

What YANGON BUS PUBLIC COMPANY LIMITED does

Yangon Bus Public Company Limited (YBPC) is a Yangon, Myanmar-based public bus transit operator established in 2015 under a Public-Private Partnership with the Yangon Region Government, which holds approximately 86% ownership. The company runs 559 buses across 14 YBS routes with 511 daily departures, serving an estimated 500,000–700,000 commuters daily out of Yangon's 1.6 million residents. Fares are set by the regional government at 400 MMK cash and a discounted 350 MMK for YPS Card or QR (MPyps+) payments, distributed through 8 ticket stations and an onboard network of fare collection points.

The underlying technology stack is a conventional public transit management system: each bus carries 4 CCTV cameras feeding a 10-computer central control room for real-time fleet tracking, with LED information displays at bus stops and integrated cashless payment via YPS Card and QR. The fleet comprises seven bus brands (Scania, Hyundai, Daewoo, King Long, Higer, Ankai, Yutong), supported by company-owned depots and maintenance workshops at Hlaw Kar (Thaketa Township, 18.6 acres, with 20 additional acres contributed by the regional government) and a second facility on Mingaladon Highway. BRT Lite, the original Bus Rapid Transit product launched in February 2016, has been subsumed into the broader YBS network.

YBPC's business model is anchored on transactional farebox revenue from commuter ridership, supplemented since February 2024 by a Driver Training Academy that has trained 1,412 drivers across 18 batches as of September 2025, monetizing in-house driver certification. Authorized capital is 100 billion MMK with share capital of approximately 53 billion MMK and more than 1,300 public shareholders. The company distributes tickets and accepts YPS top-ups through a network of bank partners (KBZ, MCB, UAB, Shwe, AYA, Canara) and retail outlets, with marketing and customer acquisition conducted through its website, phone hotlines, Facebook page, and press releases. Future plans include inter-city bus terminal facilities at Hlaw Kar to integrate with the BRT system.

Name

YANGON BUS PUBLIC COMPANY LIMITED

Legal name

Yangon Bus Public Company Limited

Website

https://yangonbuspubliccompany.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Yangon Bus Public Company Limited (YBPC) operates 559 buses across 14 public bus routes in Yangon, Myanmar under a PPP with the regional government, serving 500,000–700,000 daily commuters with YPS Card/QR fare collection and running an in-house driver training academy.

Ownership category

akta.pro rank

Product category

Public Bus Transportation

NAICS

Bus and Other Motor Vehicle Transit Systems (485113)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Public Transit Bus Operations Management Contractors (TLAFAGAK)

akta.pro secondary industries

Municipal/City Public Bus Operators (THAIAEAA), Commercial Driving & Heavy Transport (CDL) (EDAOANAK)

Keywords

• Public bus transportation
• Urban transit services
• Cashless fare collection
• Bus rapid transit
• Driver training services

Headquarters

HQ city

Yangon

HQ country

Myanmar (Burma)

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Bus Fare Revenue: Primary revenue from passenger fares on 14 routes with 559 buses. Cash fare 400 KZT per trip, YPS Card/QR fare 350 KZT. Daily ridership estimated at 500,000-700,000 passengers based on MUDA statistics.
2. Driver Training Services: Revenue from operating driver training school established 1.2.2024, having trained 1,412 trainees across 18 batches as of 30.9.2025
3. Bus Terminal Operations: Plans for bus terminal facilities at Hlaw Kar/Thaketa connecting inter-city buses to BRT system

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Yangon Bus Public Company Limited operates an urban public bus transportation network of 559 buses across 14 YBS routes in Yangon, Myanmar, delivering 511 daily departures serving approximately 500,000–700,000 passengers per day. The company collects fares via cash (400 KZT) or cashless YPS Card/QR (350 KZT), and additionally operates a Driver Training School and company-owned bus depots with maintenance workshops. The business is run as a Public-Private Partnership with the Yangon Region Government, which holds approximately 86% ownership.

Product overview

Yangon Bus Public Company Limited operates a public bus transportation network of 559 buses across 14 YBS routes under a Public-Private Partnership model with the Yangon Regional Government. The fleet includes 7 bus brands (Scania, Hyundai, Daewoo, King Long, Higer, Ankai, Yutong) totaling 559 vehicles. Core offerings comprise BRT Lite rapid transit service, cashless YPS card/QR fare collection, driver training programs, and bus terminal infrastructure at Hlegu and East Dagon.

Differentiator

Problem solved

Functional benefit

Brands

• BRT Lite: Bus Rapid Transit Lite system - premium bus service
• YBS

Products and services

• YBS (Yangon Bus Service) Public Bus Transportation Core public bus transportation service operating 559 buses across 14 YBS routes in Yangon with 511 daily departures, serving Yangon's 1.6 million residents. Fares are 400 KZT cash or 350 KZT via YPS Card/QR payment.
• BRT Lite Bus Rapid Transit Service Premium bus rapid transit service operating on designated lanes with CCTV-monitored vehicles, controlled entry/exit, and a fixed fare of 300 kyat per trip.
• YPS Card Payment System Cashless fare collection system using YPS smart cards and QR code payments (via MPyps+ mobile application) for contactless boarding on 14 bus routes across 559 buses. Top-up and payment are available at AYA Bank counters, G&G Convenience, Capital Supermarket, and other retail partners.
• Driver Training School Professional bus driver certification program with psychological testing and safety training for company drivers and external trainees.

Quantifiable outcome

• 559 buses deployed daily
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

14 partnerships are on record, tiered core and supporting.

• Yangon Region GovernmentcoreStrategic or Co-development Partner · 1 January 2016PPP partner providing land (18.6 acres + 20 acres), regulatory support, and route coordination. Government holds 86% ownership stake.
• KBZ BanksupportingOthersYPS card top-up and payment partner for electronic fare collection system
• MCB BanksupportingOthersYPS card payment infrastructure partner
• UAB BanksupportingOthersYPS card payment infrastructure partner
• Shwe BanksupportingOthersYPS card payment infrastructure partner
• AYA BanksupportingOthersAYA counter services for YPS card top-up at M Tower, Junction City, Junction Mawtin, Junction Square, Sanchaung locations
• ScaniasupportingOthersBus supplier - 5 buses delivered 2016, Sweden manufacturer
• HyundaisupportingOthersKorean bus supplier - 15 buses delivered 2016
• DaewoosupportingOthersKorean bus supplier - 14 buses delivered 2016
• King LongsupportingOthersChinese bus supplier - 15 buses delivered 2016
• HigersupportingOthersChinese bus supplier - 15 buses delivered 2016
• AnkaisupportingOthersChinese bus supplier - 245 buses delivered 2017
• YutongsupportingOthersChinese bus supplier - 250 buses delivered 2017
• Khine Win & Associates CPA FirmsupportingOthersExternal auditor for financial statements compliance - Office 83, 3rd Floor, 32nd Street, Pazundaung Township

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• ComfortDelGro: Singapore-listed multinational land transport conglomerate with public bus, taxi, and rail operations across multiple countries including partnerships in similar Asian markets. Comparable as a diversified public transport operator with PPP-style arrangements, though broader in scope.

Direct peers

• Brihanmumbai Electric Supply and Transport (BEST): Municipal public bus operator in Mumbai operating under the city government with a large multi-route fleet. Comparable as a long-established urban public transit operator under government ownership with regulated fare structures.
• TransJakarta: Jakarta's BRT operator running the world's longest BRT network under a similar government-affiliated public transit model. Directly comparable to YBPC in PPP structure, BRT-Lite service, and Southeast Asian emerging-market urban context.
• SBS Transit: Singapore's largest public bus operator operating scheduled bus services and transit linkages. Comparable public bus operations model, though operating in a more developed market with higher capital intensity and technology adoption.
• Bangalore Metropolitan Transport Corporation (BMTC): Government-owned public bus operator serving Bangalore with a fleet of thousands of buses under regulated fares. Directly comparable to YBPC in state-affiliated urban bus operations in an emerging Asian market.
• Bangkok Mass Transit Authority (BMTA): Thai state-owned enterprise operating Bangkok's public bus network with thousands of buses under government oversight. Comparable as a large-scale public bus operator in Southeast Asia facing similar regulated fare structures.
• Prasarana Malaysia (Rapid Bus): Malaysian government-linked transit operator running bus and rail services including RapidKL buses in Kuala Lumpur. Comparable PPP-style public bus operations with multi-route, multi-fleet structure serving a major Southeast Asian city.
• Delhi Transport Corporation (DTC): Government-owned public bus operator serving Delhi NCR with one of India's largest bus fleets. Comparable to YBPC as a major metropolitan public bus operator under direct government oversight.

Others

• Yutong Bus: China's largest bus manufacturer and YBPC's primary fleet supplier (250 buses delivered in 2017). Relevant as a key vehicle supplier and emerging global bus OEM targeting Southeast Asian markets.
• Scania: Swedish commercial vehicle manufacturer supplying premium buses to YBPC's fleet. Relevant as a vehicle supplier and as a strategic partner for fleet modernization including potential EV transition across Southeast Asian transit operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ypspayment
• LinkedInlinkedin.com/company/yangon-bus-public-company-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about YANGON BUS PUBLIC COMPANY LIMITED